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First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 3 hours agoAs a result, a new home is likely to be a bit smaller than an older one, and priced to sell....
The long road to remote reverse mortgage counseling in Massachusetts - HousingWire
HousingWire· 7 days agoFrom 2010 to 2024, the reverse mortgage industry sought to allow remote reverse mortgage counseling...
Jonathan Scarpati joins NRMLA board of directors - HousingWire
HousingWire· 5 days agoThe National Reverse Mortgage Lenders Association (NRMLA) this week announced that Jonathan...
FOA’s Resch on the evolution of reverse mortgages for financial planning - HousingWire
HousingWire· 5 days agoAdvisers have read this, and they are hearing the messaging. One thing about advisers is that they...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 3 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
Vacation-Home Buyers Retreat Amid Soaring Interest Rates
Benzinga via Yahoo Finance· 5 days agoMortgage applications for vacation properties plummeted 40% in 2023, according to a Redfin report...
Financial Services Roundup: Market Talk
The Wall Street Journal· 5 hours agoBut the agency says it expects delinquencies will remain low as banks will continue to work with borrowers. (stephen.nakrosis@wsj.com) 0858 GMT –...
The High-Class Problem That Comes With Home Equity
New York Times· 3 days agoYou may feel richer as you pay your mortgage down and home values go up. Saving for retirement, on the other hand, is not mandatory. A retirement account...
Social Security COLA: Projected 2025 Payments Tick up on Latest Inflation Data
The State· 6 days agoThe actual COLA for next year won’t be announced until October.
Homeowners given hope of THREE interest rate cuts this year by a new report by leading economists
Evening Standard via Yahoo News· 1 day ago“(IMF) Staff’s recommendation of about 50-75 bps...0.5 to 0.75 percentage points) in 2024 is aimed...
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